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answered questions about lowering energy bills and allegations of child sex abuse by a former bbc presenter. the prime minister told that under his government voting by prisoners would not be allowed to vote. >> questions to the prime minister. number one mr. speaker, >> thank you mr. speaker. this morning i had meetings with minister and colleagues and others and in addition to my duties in this house. i hall have other such meetings today. >> can i ask my honorable friend whether he would ensure the government powers is used to investigate the predatory activities of the late mr. jimmy sapple? >> i think my honorable friend makes a good point. the allegations are appalling and shocking the entire country. and these allegations leave many institutions especially the bbc with serious questions to answer. how did he get away with this for so long. and the most important thing is the police investigation is allowed to continue. i don't rule out further steps but we do now have independent investigations by the bbc and independent investigations into the n.s.s. and the director of public pros
house is in its final stretch. both candidates are working on the final push of their campaigns. energy independence has been a big topic. >> president obama wants to see more in the way of clean energy and renewable. republican presidential candidate mitt romney says if he is elected he will pursue a sharp increase in the production of oil and natural gas on federal lands and off the u.s. east coast. >> that would affect the residents of louisiana. energy policy is always on their minds after hurricane katrina and the bp oil disaster of 2010. that still has not changed their minds about wanting cheap sources of power. >> dean blanchard is known as the shrimp king of louisiana. he drives around barataria bay at high speed. and though it is hard to tell, things have slowed down for him leaping -- lately. in 2010, the oil spill paralyzed louisiana. since then, he is a shrimp king without shrimp. >> there is a lot of current that goes through here. the oil did not settle on the bottom. anytime the shrimp come through, they go in the park where there is no oil. >> on grand isle, there is oi
difference is this: the media treatment of it. more after this. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations arsafe and clean for our communities and the environment. we're america's natural gas. >> we have a good plan, and, great job. >> back in the katrina days and today you hear nothing but good thing about fema. >> president barack obama: i want to thank craig fugate, who lives and breathes this stuff. [applause]. >> neil: you know, i'm hearing all of this glad-handing and back slapping and i have a lot of friends, obviously, family in the metropolitan area around new york, a lot of friends, close ones in staten island and i knew what was going on and i want you to juxtapose these guys high-fiving each other and thi
into the pacific northwest. in fact, the energy from that system is going to make its way and reform off our coast. look for plenty of sunshine through the southwest. that's what's going on >> the chilly weather will continue as we head into the weekend. the average high temperature is 62. a slight chance for >>> all right. time now for today's "take 3" where we take on three issues that have caught our eyes this morning. let's get to the first topic. willie, take it away. >> well, you guys have seen up close and personal some of the images from this post-hurricane sandy. you can't help but be moved, heartsick a lot of times but a little bit hopeful, too. you see it happened after 9/11 and happens after a lot of these natural disasters when people rush in to help. natalie, why don't i start with you, just an enduring image for you. >> well, obviously we're seeing great pictures from across the area. here just national guard getting some muffins, fresh muffins, but, you know, twitter, the power of twitter, it has really demonstrated how much you can get the word out for people who need help, and in
, mitt romney is going to speak only for his corporate funders and the dirty energy empires that many of them run doing what he has to keep the pipelines of oil and campaign cash flowing. and that includes pandering to the far right who shout u.s.a. rather than confronting this frightening reality that we have entered a new normal in which everyday life is punctuated by frequent and intensifying natural climate disasters. and the megaphone of this fringe wing fox news, keeps reinforcing that message. >> where's the proof? these global warming claims have been debunked time and time again. >> you know what the problem is? there's more people living at the shore so there are more impacts. this is nothing to do with global warming. >> you can pretty much predict moments after a catastrophe global warming freaks will link it to global warming. >> next five to ten years we're probably going to see more storms around the eastern seaboard. has nothing to do with global warming. >> jennifer: that is deliberately dece
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
important goals. first, we will achieve north american energy independence by the year 2020. second, we will make sure our students and workers have the skills they need to succeed. third, we will promote trade the works for america and crack down on countries like china when they cheat. fourth, we will cut the deficit from day one and balance our budget within 10 years. and finally, we will champion our small businesses, the engine of job creation in this country. look, i know we face big challenges and we do not need more catch phrases or word games. we do not need more of the same petty partisan attacks. we need a leader, a leader with a real plan that will deliver real results. my opponents have spent much of this campaign talking about small things. but the challenges we face are real and they are big. that is why paul ryan and i are focused on how we can make our way back to prosperity and opportunity, how we can rebuilt a strong military, and fashion a strong economy. the choice before you is clear -- we can wait four more years for real change or we can take things in a new dire
of the debates and hasn't focused enough of its energy on the ground with actual voters and personal stories. and finally, my goal from massachusetts writes, since my vote will not matter, have put my energy into getting democratic support for president obama when he is reelected, elizabeth warren for senate. we want to hear from those in non-swing states this morning. the phone lines are open. as we are waiting for you to call, i will point to the front page of usa today. the headline -- four days to seal the deal. after a brief campaign hiatus' courtesy of hurricane sandy, president obama and mitt romney resumed campaigning. the candidate's weekend travel schedules made it clear where the election was likely to be decided. obama was slated to return to ohio today. saturday, sunday and monday. he was set to appear in iowa, virginia, wisconsin, florida, new hampshire and colorado. romney was doubled to campaign in ohio, went -- wisconsin, new hampshire and virginia. statewide polls differ on who was ahead in colorado and i what it should obama with a single digit lead in nevada and wisconsin
this weekend are forecast to be close to freezing. the official count from the department of energy had 3.6 million customers across 11 states still without power. getting around in affected areas remains a challenge. the new york subway system remains shut down in lower manhattan. commuter rail systems in the new york suburbs are on limited service, as are new york's three large airports. >> tom: energy also remains a concern. late today the department of energy announced it will release emergency heating oil supplies to relieve a supply crunch due to sandy. meantime, many gasoline stations in the new york-new jersey area have closed because they have run out of gas or don't have electricity to get it out of the pump. erika miller reports >> reporter: six hours. that's how long drivers had to wait to fill up at this manhattan station. >> i got here at 6:00 am. >> reporter: the line stretched over 30 city blocks, but at least drivers could get gas. it's estimated that at least half of all stations in the metropolitan area are closed. in mount olive new jersey, some tried making the best
; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. lavar arringhate it.ate losing. but right now we're losing jobs and money for... our schools to casinos in other states like west virginia. question seven creates 12,000 jobs with a new resort casino... and expanded table games here, in maryland. we all win with question seven. new jobs. money for schools, and instead of marylanders... spending 550 million dollars in other states... it gets invested here. vote for question seven. for maryland. i'm on my way. >>> it is called the storm of epic porportions. tonight we tracking hurricane sandy as she continues to roar up the east coast. thank you for
side, how about 10 to 20 inches of snow potentially because of the real energy from the area of low pressure. so really it's a powerful hybrid. here we are still now a hurricane here. you can see where it is. right now the center of circulation off the florida coast from florida to upstate new york will be impacted by this. so instead of this hurricane moving like it normally would, getting picked up by the jet stream pushing east, we have a rex block. what that means meteorologically all you need to know it's going westward instead of eastward. with that about monday, maybe evening into the night time, we'll see the center of circulation come ashore somewhere between new york and washington. four to eight foot storm surge potentially in that area. that's really one of the first hazards we'll see with this. then upstate new york, western new york, this area of low pressure sits and spin and doesn't move as fast as it's moving now. the potential for maybe a foot of rain if it sits there. an inch an hour for a day, day and a half so that's where perilous situations come in with the in
odd in the debates when energy policy was discussed, which was obviously linked deeply to climate because it is energy that is the main source, the way we use it, the fossil fuels, the way we use it is the main source of climate change even then neither candidate took the opportunity to explain these realities. so our political system has been broken for a while. the american public is realizing, of course, what the scientist versus long known. but now that we feel week by week month by month that the climate is changing and it's changing dangerously even before hurricane sandy, we were already in a period that was record warm for the united states, record drought in modern decades. that had not shaken the case. my answer is i hope so, but the political system has been pretty impervious to this up to now. >> jennifer: i think we should call for a new manhattan project, a national energy plan. i would be curious to know, if you had to say the top three things that should be in the national energy plan, briefly what would it include. >> i'll put in one we need to move to a low carbo
office. now save 50% on banners. [ male announcer ] fedex office. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >> millions of americans struggling to get by, and voices shouldn't be drown out by millions of dollars in secret advertising. as the election approaches, it's not just a theory. we can see how druttive to the democracy this becomes. damagi
but really not that big. sandra: in the energy complex, refinery closures along the coast because of this storm. we saw oil prices go down and rbob gasoline prices went up. >> those things typically a a lot of times are pretty much -- imagination is your own worst enemy. we will have to see how those things really play out in the future. i don't think it's going to be that big of an impact. i think the market would have told us a lot more if there was going to be something big. sandra: what are you and your colleagues expecting for tomorrow? are you going to show up in the morning? the cme has not said whether the markets will be closed. >> we will be here for the grain markets. the fixed income might be different, that could be a ballroom with nobody there, but right now we will have a full staff and see what the exchange tells us. sandra: how do you position yourself in the global marketplace where traders can't anticipate whether or not the markets will be opened or closed? what do you do? stock market we already know is going to be closed. >> we don't have a choice. we have to
. they have lots of energy. why do you like technology right now? >> not just in the consumer, not in the mobile phones, but technology is one of those trends that affects every industry. it affects healthcare. it affects energy. energy we saw the new natural gas fracking that's bringing enormous supplies to the market. we could be energy independent because of the technology applied to energy. liz: yet you don't like energy, you say avoid energy. >> who is the biggest beneficiary of this new supply is really the consumers, and the businesses have low cost gas, natural gas has plummeted in price, so that actually hurts in an ironic way the producers of energy, benefits the consumers of energy. liz: that's why we have doug here to kind of help our brains go through the scenario of why energy and technology are on opposite ends at least for his preference. closing bell ringing in 50 minutes. is it time to cut the cord to your traditional cable box? i know some of you have already done that. but there are those of you who are sitting on the fence or the cable box so to speak and
about it before. part one is taking full advantage of our energy resources. on day one i'm going to increase the number of permits to drill on federal lands. [applause] i'm going to act speed approval of the keystone pipeline from canada. [applause] and i'm going to revisit coal regulations that were designed by the administration to strangle the industry. so on day one we'll be closer to energy independence. second i'm going to move to boost trade to latin america especially and i'm going to ask congress for authority that is a power every president has used with the exception of president obama. and i will finally designate china as a currency ma nip pew late tor. it's time to make trade work for america. i'm going to send congress congress the training reform act. who make every worker can get the skills and chance for a good paying job, we deserve it. [applause] fourth i'm going to move to tackle out of control spending. i'm going to send congress the first of several fundamental reforms. the first will be called the down payment on fiscal sanity act to immediately cut, not j
beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell pretty stuff. [laughter] lasalle whole crew knows, the devastation from hurricane zandi -- sandy is felt that these coast with the energy side then the human side. we have lived team coverage 40 miles from and had an atom we will start with you. >> behind me receive the national guard and passing a water but also red cross now showing up but the field of dreams foundation and they showed up early on their own volunteers bringing food and clothing. diapers, betting common medications, food if you can cook or pizzas if you cannot. people are coming out with converters for govett is what is going on in staten island. those who are still waiting for the sanitation trucks they are furious the new york city marathon will be run. and assemblywoman says the governor should take the lead and another one said the mayor should get his stuff together. they're waiting for assistance. liz: is that the translation and you
a natural death highway all over the united states. the ceo of clean energy joining us in a fox business exclusive. liz: stocks sinking. all major industries closing in the red. the s&p was the one able to hold onto weekly gains. the only index to and the week in the green. energy and utilities log. here's what happened happened with the jobs numbers thought the u.s. economy did add 171,000 jobs in october. the on employment number of 27.9%. august and september numbers were upwardly revised. u.s. factory orders posted their largest gain in 18 months. jumping nearly 5%. it was driven by a surge in demand for commercial aircraft. a category where orders had just plunged in last august. david: we have all of today's action covered. rich edson has information on the all important jobs report. jeff cleveland says today's report is just statistical noise so get over it. let's start with rich. i think this is a jobs report both candidates want to get over because it was a wash speaking there is enough in there for both to spend. both use this as evidence that voters should elect them on tuesda
the department of energy. connecticut 626,000 without electricity. new jersey, 2.5 million without electricity. new york, 1.9, roughly 2 million without electricity. pennsylvania, 1.2, 1.3 million without electricity. it is a huge number. in all, 18 states, are reporting that they have power outages. that total 8.1 million customers who don't have electricity. liz? liz: well, you know what? it doesn't surprise me that it is new jersey where president obama will go first. he is heading there tomorrow. just announced it at the top of the hour. he will be touring the area. adam, we saw the ariel pictures of -- aerial pictures of atlantic city i would imagine that or the area in queens where 80 homes were destroyed by fire would be the first places. of course queens in new york but maybe that's his second spot. adam: it sounds like he would go over to the rock aways where the homes burned. when you talk about the president coming here, one of the things people will be asking him and the department of energy is they have 25,000 men and women who are mobilized or being flown in from mexico and canad
[captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> helicopter flight over the new jersey shoreline spots this washed out bridges on the way this is a glimpse of the damage left behind by what was hurricane sandy. could afternoon, everyone. the aftermath is our top story this afternoon. the magnitude of the loss is staggering and entire communities along the jersey shore wiped clean. boroughs in new york flooded and transportation crippled for a third day. we are live in new jersey with the latest. >> from the sky, the new jersey shore is barely recognizable. >> it was horrible, really sad. everything i grew up around is gone. >> as peopledamage, a massive ew under way to help those still stranded on the jersey shore. >> we will be moving people from the island because it is not safe to be there. >> he was one of the first to be brought to safety. all of his belongings in 1 bac. >> it was one of the scariest thing that i have lived through, but at least i lived. >> this morning in hoboken, thousands were
companies, but abolish them for wind energy, which does not emit any carbon dioxide. that's basically a frame which gives people a choice as to which direction they want to go in. president obama raised fuel economy standards to 55 miles per hour by the year 2025. that not only backs out 3 million barrels of oil a day from the persian gulf, all of the oil they import from the persian gulf, but it also reduces one full year of carbon dioxide emissions into the atmosphere. mitt romney is saying he'll roll back those standards. all the way down the line, there's a sharp contrast here of, you know -- there are no emergency rooms for planets. we either engage in preventive care here and reduce the amount of greenhouse gases that go into the atmosphere, or we are going to see ever greater intensifying catastrophic events hitting our country and causing tremendous damage to the american people. >> congressman, thanks so much for coming on the program. we appreciate it. let's go live to roanoke, virginia. mitt romney is at what they're calling a victory event at integrity windows and doors co
to size up conditions in yangon. >> translator: the country is full of energy. there is a sense of optimism. people believe tomorrow will be better than today. >> reporter: this japanese sewing factory is a client of kotaka's firm. it produces suits in myanmar that have sold in japan. the factory's output is up by 50% compared to three years ago. experts say labor costs in myanmar are about one-fifth of china's. that's a big reason global manufacturers are moving in. >> translator: we think our work would go more smoothly if you had an office in myanmar. >> translator: it's important to have japanese staff monitor operations. i'll do my best to set up a local office as soon as possible. >> reporter: kotaka says doing business in myanmar has its challenges. basic infrastructure is one of them. the roads are bumpy. goods are sometimes damaged. the way goods are handled can also cause problems. >> translator: it's wrapped in just a single thin sheet. a rain shower could get the contents wet and cause damage. >> reporter: finding office space isn't easy either. businesses from aroun
the surface. he is not againstoslue noud] bie i o. lf my family is in theil siss i bie iheap energy. the problem weot i wl mpiegosoighe bgh ou all our regulatory ancs d ug ualou politicians. >> according toea, corruption, notilisha caedheurntris. still, the slickasmoer hibuness. e ngs looking for shrimp elsewhere. zes es. as the u.s. gets readyo ect the next president, dean is definitely ready for something different. 'moi tot f romne i'm going to get rid of oma h'seehe four years and did not do what he said he would . is iot cng is is the same old thing. dn thinks presidentba halethcotrdo t wrgath. he is n ane losia s te republican foreces ro i an environmental acvi louisiana is home to aosha ofheatn'etnd, but th a bngesoy b calsui tsee as oil and gas wells. n eugeoeare. not enough people are demanding aconro pitia. t ou people are demanding changes to where we g our engyro that's one of our largest challenges sce 2005, over 340 square mis ofetnd aund ne orleans have vanished. experts bie ts ay a mar len e devastation of hurricane katrina. they warof more dasters ahead du to climat
of expansion of energy which is the reason why we're having such a tough time recovering. michelle just made the point before about this aging infrastructure that we have. we haven't rebuilt it not because we don't have the money to do it. we haven't rebuilt it because all these groups oppose every single thing you want to do. if you want to build a new generator, they oppose that. if you want to build new transition lines, they opposes that. god to bid you should built a new nuclear power plant. >> but that's what bloomy is saying. when he goes down this road of global warming, and he also mentioned cap and trade, he is saying we'll put limits on the volume of energy. all energy. including, you know, the new fracking centering for natural ga energy for natural gas. it's anti-growth. and new york city doesn't need anti-growth policies. >> we're always at the breaking point for energy. i belt ten new generators. i had to push to do it by the new york you power authority. this is not just true of new york, it's true all throughout america. we operate at the limit. some of that is economics bec
. >> this makes it possible to use for other energy. >> it has alternating current, which is in every outlet in the house. >> and an extension cord finishes off the rest. >> this is wired through the house to the kitchen here. this is the extension cord coming from the inverter which is connected to the car, the nissan leaf and the refrigerator is plugged in through a meter. now the refrigerator is on, receiving power through the inverter. >> reporter: shelby said it saved him hundreds of dollars in food and more. >> i was able to have a nice hot cup of coffee in the morning all off of energy stored in the car. >> reporter: shelby said he only lost power for eight hours overnight on monday. >> it wouldn't have been able to power the frig. >> and if trees start coming down in another storm, he'll likely turn to his leaf for power. in brookeville, alex shown add, 9 news now. >> and now why could you not do this with your gasoline vehicle. well they are not safe to run inside the garage and tells us it is not clear if the energy would be efficient enough to power household items for as long as
, to convert food to energy, and help mike do manly things, like wrestle bears and take out the garbage. new one-a-day vitacraves for men. >>> look at all those photos that make you do a double take and make you say what the what? sara sifted through the pictures you sent in and is here with this week's top picks. we are on the edge of our seat. >> we can't wait. >> here we go again. first photo from laura ann luck from washington, d.c. cease funeral home. >> oh, wow. it's just a little bit literal. the only thing worse would have been the end funeral home. but that is the family's name is cease. >> i'm sure they are lovely people. >> yeah. maybe an unfortunate last name. this photo was submitted from madison, wisconsin. they are installing this presently by each of your dressing rooms. sometimes you just need a little warning. >> picnic area? that's cute actually. that's adorable. >> that happened. better safe than sorry. next up, a photo from ellen jill from bluffton, ohio. he was going to go either way, criminal or a cop. we knew it was coming, here we go. >> i'd vote for him. >> another
storm and it has the energy from almost an area of low pressure like a nor'easter. tropical storm force winds extending out 450 miles and snow in the forecast with this thing. this is the forecast models pushing it and you can see the consensus with this, which is odd. certainly this far out, as well. this is the scary part. so, it brings it here making landfall somewhere between washington and new york city, then look what happens here, kind of just rotates and spins and that's the scary aspect. remember, irene in vermont all that flooding. sandy is rotating and spinning for 24 hours dumping an inch of rain an hour. so, this is the potential for devastating and deadly flooding. couple that with, of course, this wind field 70-mile-per-hour winds extending 450 miles out and the potent energy with this bringing snow potentially to the mountains on the western side of it. so, guys, this -- computer models have been for 25 years and they have never had to run this exact scenario. so, a lot of very intriguing, but scary things about it. >> alexandria, thanks. >>> a storm of this size can cau
. the u.s. energy complex could take a hit from hurricane sandy. we'll have an update on that shortly. but first let's take a look at european markets. though we started to open slightly higher today, losses are accumulating. ibex 35 over in spain shedding about 0.4%. we want to know your hurricane stories. you can e-mail our tweet us. joining us now is stewart hitch arrested son, rmg wealth management. good morning. your initial thoughts here as we look at the impact of sandy barreling down on new york. we know a lot of trading is shut down. are people routing trades through london? >> you can try to separate the fundamentals from liquidity. fundamentals won'ten drastically changed in the medium term, but if markets get through calmly and people don't panic, we'll be back at the end of the week. if there is panic, liquidity could dry up and could be a crazy couple of days. >> liquidity issue is actually an important one. we've seen others sort of recommend clients steer clear of markets for a couple of days. what's interesting, that will just exasser balt the issue understandably say
a stop trading. the markets, when they ropen, will be focusing in part on energy prices, particularly gasoline prices because eight of the country's refineries producing about 8 percent of our daily supply in gasoline where in the path of sandy. about six of those refineries which haveeen operating a reduced capacity and are ramping up production leaving to refineries, bulk of them in new jersey. they have simply lost power and plotted and will be back quickly it is uncertain when they're will be returning to of storage products and production. recovery efforts under way tonight after the superstar and crippled the east coast. in new york city, subways and tunnels flooded. hundreds of thousands are without power, and joining us tonight on the phone, the former governor of new york, george pataki. good to have you with this. you have seen much of the devastation. can you compare this to anything that we have seen before? >> you know, it's really differ from what we've seen before. we have had terrible storms. hurricanes, blizzards we had the attacks of september 11th, but this, it wasn
energy production in the u.s. and has been sharply critical of the obama administration's energy policies saying the u.s. needs to be on path for energy independence. >>> coming up on the news edge, being called by some the town that is forgotten amount look at the devastation at new york's staten island. >> a six hundred-pound marlin lands in a boat off the off of the coast of -- off of the coast of australia. the long battle. now for the struggle, they let the fish go back into the sea. president obama: there's just no quit i in america... and you're seeing that right now. over five million new jobs. exports up forty one percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: hbuilding on our manufacturingur boom;: boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation
of physical energy, it was so fast and widespread that the ultimate impact was less modest and if it had been a cat four or five storm. unlike in florida, you do not have entire towns missing their roofs. you generally end up having claims, which, you know, you look at the damage and say it must be astronomical. it will modestly be more reasonable. homes have been damage as opposed to being completely destroyed. liz: you look at berkshire hathaway which owns geico, some of these will see payoffs. you make a very interesting point in that is this was not necessarily a wind event, it was a storm surge event. most of that is covered by government storm insurance. if we look at the most expensive storms, could this be worse than the isaacs and hurricane andrew >> in public opinion, it is not always clear what really caused the damage. people fight with their insurers for years. as a practical matter, the biggest flood risk and storm surge risk will come not from personal customers, but rather from commercial concerns. not that there is anyone who looks at this and says it will not be a manageable
the critical state of ohio, examining how the auto bailout and energy boom are weighing on voter's minds. > we've had a lot of potiveconic news er theast uple of months. is it too close to the election to really make an impact on people's votes? or are people still kind of weighing the economic realities of the country and of the state? >> woodruff: plus mark shields and david brooks analyze the week's news. >> brown: and we close with author louise erdrich on the crafting of her new novel, dealing with life-altering violence for one native american family. to talk to me. and i knew once i had written into this, when i got to the words, where is your motr i knew that this was the book. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy f 160 ars. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> t
as the storm is causing blackouts my next guest says our whole energy policy is wrong. he says there could be more than half a million jobs created in swing states in the next three to five years from hydrocarbon energy. mark mills is senior fellow with the manhattan institute. i was really interested to read your study. i thought one of your most interesting points was that we are oriented towards conservation and protectism of domestic resources right now but we could actually be a major producer and could be exporting energy which seems hard to get from here to there. you really think we have that much? >> well i know we have that much and this is the real surprise. in energy policy that we have to really change how we look at energy fundamentally. we've operated under the basis from almost half a century now since the big oil embargo of 1973 on the assumption that we're running out of oil, that we can't make enough here and only way out of this is find replacements for oil or conserve our way out of it. both those are important by the way, they continue to be important but what happene
the tropical entity. it's got the energy from this area of low pressure, which in essence is almost like a nor ea -- nor'easter in the winter. this is a projection of the rain coming up the coast, potentially about ten inches. look on the backside of this down the spied ne of the appalachians. how about ten to 20 inches of snow? power outages will be huge as well. and airport delays. whether we see them, which we most likely would. 30 and 40 mimp gu-mile-per-hour. we're looking at five days of some very tough travel. >> thank you for the heads up. we appreciate it. this storm is already having an impact on the presidential cam pains. particularly in some key swing states. both vice president joe biden and mitt romney have cancelled campaign rallies in virginia beach that were scheduled for this weekend. the obama campaign says biden's schedule was changed so police and emergency crews could stay focused on helping people with that storm. first lady michelle obama as well cancelled a campaign rally. this was in another critical swing state, in new hampshire. it was scheduled for next week in du
just received a full briefing from energy response teams. >> the last time president obama faced a crisis, the terror attack in libya last month he went ahead with campaign events in nevada and colorado. given sandy's wrath closer to the election this time is intent to look presidential. today he canceled series of campaign vents and convening a high-level conference call in white house situation room. >> this is going to be a big and powerful storm. all across the eastern seaboard, serve taking the appropriate preparations. >> except the president tried to get in one last campaign appearance. leighing washington late sunday to be in orlando this morning for the big roll-out of joint appearances with former president bill clinton. >> i was supposed to be the warmup man for president obama today. >> obama left early this morning and they believe the weather in washington detearateed so fast it would be difficult to land air force one later in the day. >> the early voters are already making decisions. you know what our decision is. what i want to do is make sure that everybody who
. together. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... this is hayden. he's five years that's elizabeth. and that's skyler... and his mom, nancy. they're just a few of the californians who took it on themselves to send you a message about what they need to restore years of cuts to their schools. prop thirty-eight. thirty-eight raises billions in new revenue - bypasses sacramento and sends every k through 12 dollar straight to our local schools... every school. for them. for all of us. vote yes on thirty-eight. >>> welcome back. we start the second half of our show with stories we care about and focus
gauge report breaking down the biggest headlines affecting the energy industry and their impact on the economy. hurricane sandy gave oil price as boost. crude settled up 23 cents at 86.28 a barrel. that is still 4% decline on the week. meanwhile natural gas futures fell in anticipation of the supe storm. that is because concerns over power and refinery outables helped lower the outlook for demand. >>> this one is absolutely nuts. german windmills are putting central your peep power grids at risk of blackouts. there is so much electricity being generated, the grids are being pushed to their breaking point. the czech republic an poland are threatening to cut off shared power lin in germany if the electricity bottleneck is not resolved. how crazy is that? >>> breaking news we have upte on senate majority leader harry reid in a car accident. back torobert gray with more details. >> fox news saying senior senate sources, reid, walked into the hospital under his own power and is now being checked out. his caravan was in a six car pileup in las vegas. was taken to ucm hospital there. s
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